Research finds ‘tradfi’ institutions plotting major crypto expansion – The Armchair Trader
Major traditional financial institutions are becoming increasingly involved in crypto launching more funds in the sector, with the asset class seen as attractive for risk-adjusted returns, according to new global research by London-based Nickel Digital Asset Management, one of the leading digital assets hedge fund managers in Europe.
The study with organisations invested in the sector, found 43% believe there will be a dramatic increase in traditional financial firms launching crypto funds and investment solutions over the next two years.
A further 53% believe there will be a slight increase. Nearly three out of four (73%) of the institutional investors and wealth managers questioned expect a rise in digital asset fund launches in…
